News

Mark Hoaglin was recently hired as vice president of investments and insurance at the $3.7 billion Patelco Credit Union.

Owners of the $8.35 billion Members United Corporate Federal Credit Union can put their 2008 financial reports to bed now that the Warrenton, Ill.-based cooperative released its 2008 audited financial statements Dec. 31.

Credit Union Times is now closed in observance of the holiday. We will re-open Monday, Jan. 4.

Citing newfound industry cooperation and enhanced services, the Credit Union Association of New York is winding up 2009 with a blip in new members--14.

PM Systems Corp. said it has signed CommonWealth Central Credit Union in San Jose, Calif., as a new user of its online banking suite.

Credit unions have long become accustomed to holding the bag after hackers crack a retail payment system, but now some restaurateurs have filed suit against a provider of a payment system they say was not compliant with industry card security standards.